Tag Archive : Purchasing

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  • NEC Corp will purchase fintech software provider Avaloq for $2.2 billion as it expands into financial services.
  • The deal will likely benefit both firms in terms of increased revenue gains.

The Japan-based technology giant stated that it’ll acquire Switzerland-based fintech software provider Avaloq from private equity firm Warburg Pincus and other shareholders, per Reuters.

Top global wealth managers' view on their digital transformations

NEC Corp will purchase Avaloq as it expands into financial services.

Business Insider Intelligence


NEC offers digital solutions to global clients cross-sector, including aerospace, telecoms, and finance, and plans to acquire 100% of Avaloq’s shares by April 2021. Avaloq, which offers core banking and centralized data platform solutions to its 150-plus clients, representing approximately $4.5 trillion in client assets, will continue to operate as a separate entity following the completion of the deal.

NEC has been on an acquisition spree as it seeks to maximize profits, and the latest purchase aims to expand its presence in

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Bloomberg reports that Google will reemphasize its in-app purchase policy with developers who list their apps on the Play Store. Google currently mandates that all services with in-app purchases use the Google Play Store’s billing services, a process which allows Google to keep about 30% of the revenue.

Google’s policy has been the same for years, but the company will reinforce it, as many developers are not following Google’s requirements. The reinforcement is not a welcome sign to developers, who are also fighting against Apple’s recent reinforcement of in-app purchasing rules.

A group of popular smartphone app publishers, including Spotify, Epic Games and Basecamp, have announced the creation of the “Coalition for App Fairness,” which hopes to more fair arrangements between app stores and

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Buying quality internet insurance leads is not a simple purchasing process.  Just how reliable are the internet leads you plunk hard cash to receive? Learn hints and tips before purchasing these rehashed and recycled internet developed leads.

Any shrewd internet insurance lead company is going to maximize their profit potential without thinking about your pocketbook. Did you know that many of the internet lead companies are also licensed to sell insurance? Others sell the same lead numerous times, and others lie, saying they are providing so-called exclusive leads.

Often the going price for an internet generated life insurance lead is around $15.00. With great variance, some vendors might charge $6.00 and others charge $50.00 per lead. The internet lead costing $6.00 often generates more agent buying interest than the rest. Often cheapness prevails over quality. Countless agents leap forward in a raging fire, missing the prize. Doing that inflicts painful third … Read More